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After announcing a positive trading update yesterday, LSL has unveiled a new £12m share buyback programme, which pushed the company’s share price up 6.35% to 268p. Following the recent completion of its £7m share buyback programme which was announced on…

OnTheMarket (OTM) says its growth strategy is exceeding expectations, boosting its popularity with estate agents and establishing itself as a credible alternative to market leaders Rightmove and Zoopla. Two years after being acquired by CoStar – a move hailed by…

Sir Keir Starmer The government has announced plans to reform the leasehold system in England and Wales, with millions of leaseholders expected to be affected. Under the proposals, ground rents would be capped at £250 a year before reducing to…

A letting agent and a residential leasehold management company have been expelled from a leading redress scheme after failing to pay compensation awarded to consumers. The decision followed a review by the scheme’s independent Compliance Committee, which ruled that both…

Spicerhaart has introduced Forge – Empowered by Spicerhaart, a new employment model that will operate alongside its existing roles. The model allows agents to manage their business areas with a self-employed style of autonomy while remaining part of the national…

David Powell The UK housing market is struggling under a tax system that no longer reflects modern homeownership, says David Powell, chief executive of Andrews Property Group. At the centre is stamp duty – a levy designed for a different…

Less than four weeks into 2026, leaseholders are already losing faith in the government, with reports suggesting that ministers may backtrack on their manifesto pledge to cap ground rents, bowing to lobbyists and Treasury concerns about pension funds. The National…

Capital gains tax (CGT) receipts fell by 8.4% in 2025, down to £13.5bn from £14.9bn in 2024, following the recent increase in CGT rates. Analysts say the decline reflects taxpayers delaying disposals in response to higher taxes. The latest monthly…

December capped a strong end to the year for the UK property auction market, with activity accelerating across all key measures, according to the latest data from Essential Information Group (EIG). Lots offered rose 14.2% year on year, while lots…